Sable Offshore's Equity Raise: Derisking For The Right Reasons

Avoiding A Potential Cash Crunch & Setting The Table For The Refinance

I spent a good chunk of last night on the phone talking about Sable Offshore’s SOC 0.00%↑ refinance yesterday, but I have been getting enough inbound that I wanted to write up something this morning. I said on the Twitter Spaces the other day that I didn’t think they would dilute here, so mea culpa, I was wrong on that.